What are the Consequences of Incorrect Claim Submission?
Incorrect claim submission can have several negative consequences:
Claim Denials: Incorrect or incomplete claims are often denied, leading to delays in reimbursement. Financial Loss: Persistent errors can result in significant financial losses for healthcare facilities. Regulatory Penalties: Non-compliance with regulatory standards can result in fines and other penalties. Reputation Damage: Frequent issues with claim submission can damage the reputation of a healthcare provider.
